2220 Scio RdDexterMI48130
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Dexter at 2220 Scio Rd, Dexter, MI, 48130 offers $4,924/mo rent that, after a $2,593/mo payment, leaves $1,430/mo cash flow. Total monthly income is $4,924/mo, and annual cash flow is $17,164/yr on $174,304 cash. Return on cash invested measures 29.91% in year one, and rental yield stands at 11.15% at a $529,800 entry. Equity gained on principal adds $3,419/yr while 5% annual appreciation compounds into $146,374 by year five. Five-year ROI records 156.97% and total cumulative return in cash reaches $273,604. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,924/mo property income versus a $2,593/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1958
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48130, Dexter, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,147 (100%) |
| Owner Occupied HU | 5,316 (86.5%) |
| Renter Occupied HU | 586 ( 9.5%) |
| Vacant Housing Units | 245 ( 4.0%) |
| Median Home Value | $464,823 |
| Average Home Value | $515,768 |
Housing Distribution
Address Breakdown
Residential
6,303
Single Family
6,154
Multi-Family
149
Businesses
541
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